Qantas, PwC, Rio Tinto, Crown, the banks: There’s something rotten at the big end of town Bernard Keane and Glenn Dyer argue that Qantas is the latest indicator of the rot at the soul of Australian businesses.
Retail slump results in 46,000 job losses in three months Was the retail data released yesterday really bad enough to justify comparisons to the financial crisis?
Ageing population and shrinking workforce requires a major policy reset for Australia The rapidly changing nature of Australia’s workforce is an issue policymakers and the economic commentariat are going to have to get their heads around.
The AFR, a serial denier of profit-driven inflation, has raised its price by 25% Those few people who duck into their newsagents and buy a copy of the AFR may have noticed the paper now costs $5, up from $4.50 in 2022, which had been increased after a long period of costing $4.
Inflation is surging and wages are falling. Expect big rate hikes and a US recession With the US facing a recession and interest rates rising globally to curb inflation, Australia is facing a tumultuous economic period.
Interest rate rises: What’s happening, and what could be next? If you want to know what the Reserve Bank will be watching to work out how fast to slam on the economic brakes, here's a helpful guide.
Australia’s economy is on the up, but the IMF forecasts a sharp fall is coming in 2023 While the Australian economy is currently powering along, the International Monetary Fund has confirmed that 2023 is going to be a return to business as usual for Australia — pre-pandemic business, that is.
Elon Musk flouted the rules with his Twitter play, but will the SEC hold him to account? We now face the prospect of the world’s richest person, Elon Musk, actively running Twitter, one of the world’s biggest social media platforms.
Why BHP’s Australian relocation and greener path will affect us all From next Monday, BHP will be reincarnated as a wholly Australian company after 21 years of divided loyalties between the ASX and the London Stock Exchange.
Apple’s market value is now bigger than most of the world’s economies As Apple nears the point of becoming the world’s first US$3 trillion company, its stocks, at least for the moment, have acquired the kind of status usually reserved for US government bonds.
RBA governor stifles Scomo’s interest rate scare campaign Philip Lowe’s speech on inflation yesterday was drafted well ahead of Scott Morrison’s comments about how the Coalition would keep interest rates lower than Labor.
Why Commonwealth Bank should also be thanking taxpayers for its $8.65 billion profit Instead of congratulating itself on its brilliance, the Commonwealth Bank's board and management should have thanked taxpayers for enabling them to generate a huge profit.
